What is Quadric?
Quadric is at the forefront of developing licensable processor IP and a comprehensive software toolchain designed to optimize artificial intelligence workloads directly on edge devices. Their proprietary Chimera GPNPU architecture offers a highly programmable and unified AI inference solution, overcoming the limitations of traditional fixed-function accelerators. By integrating advanced hardware IP with a user-friendly software stack, Quadric empowers chip designers and system integrators to embed efficient, flexible AI functionalities into a wide array of products, including automotive systems, industrial machinery, robotics, and other AI-enabled electronics. The company's focus on simplifying AI deployment while supporting evolving AI models across diverse applications highlights its strategic importance in the burgeoning edge AI market.
How much funding has Quadric raised?
Quadric has raised a total of $48.3M across 3 funding rounds:
Angel/Seed
$2.3M
Series A
$15M
Series B
$31M
Angel/Seed (2017): $2.3M with participation from Pear VC, Uncork Capital, Cota Capital, SV Angel, and Trucks Venture Capital
Series A (2019): $15M, investors not publicly disclosed
Series B (2022): $31M supported by Uncork Capital, Cota Capital, NSITEXE, Mesh Ventures, Pear VC, Xerox Ventures, Leawood VC, and MegaChips
Key Investors in Quadric
Pear VC
Pear VC is an early-stage venture firm specializing in pre-seed and seed investments, known for its hands-on approach to supporting founders with talent recruitment, fundraising, and go-to-market strategies. They have a strong track record of backing successful startups.
Uncork Capital
Uncork Capital is a seed-stage venture firm committed to providing early and ongoing support to startups, focusing on assisting companies through critical growth phases and building lasting partnerships.
Cota Capital
Cota Capital focuses on early-stage technology companies in the enterprise sector, combining financial investment with deep operational expertise and industry insights to foster transformative businesses.
What's next for Quadric?
With the recent infusion of major strategic investment, Quadric is poised to further enhance its technological offerings and expand its market reach. The company's focus on a unified AI inference architecture and a robust software toolchain suggests a strategic push towards broader adoption across automotive, industrial, and robotics sectors. Future developments are likely to center on optimizing the Chimera GPNPU for an even wider range of AI models and edge applications, potentially exploring new partnerships to accelerate integration into next-generation electronic devices. This latest capital infusion will undoubtedly fuel research and development, solidifying Quadric's position as a key innovator in the semiconductor AI space.
See full Quadric company page
